One pre-sale consents issued in September
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         The Lands Department issued a total of seven consents for the sale of residential units in uncompleted developments between July and September 2004. The Department also issued two consents to assign in this period, in respect of 2,554 residential units. All of them were issued within the Department's performance target time limit.

         A spokesman for the Lands Department said today (October 7) that the seven consents involve 4,065 residential units located in various districts of Hong Kong. One of these developments comprising 36 residential units is estimated to be completed by October 2004, another three developments comprising 2,072 residential units are estimated to be completed by September 30, 2005 and the remaining three with 1,957 residential units by February 28, 2006.

         The Department issued one consent for the sale of 316 residential units in one uncompleted development in September 2004. The development is located in the Kowloon district and is estimated to be completed in February 2006. One consent to assign 544 residential units was issued in September 2004.

         As at the end of September 2004, 16 applications for residential developments involving a total of 10,534 residential units and four applications for consent to sell commercial developments, located in various districts of Hong Kong, were pending approval. One of the residential developments involving 1,576 residential units is estimated to be completed within 2004, nine involving 5,365 residential units within 2005, and five involving 3,548 residential units by September 2006. There were also five applications pending approval for consent to assign, two in respect of commercial developments and one residential development comprising 410 units.

         Members of the public may obtain up to date information on consents to sell residential units in uncompleted developments issued for the last six months and cases pending approval as at the end of September 2004 by dialling LACO's Hotline No. 2147 5475 or on the Lands Department Website at www.info.gov.hk/landsd/.

         The names of the developer, its parent company (if any), its solicitors, authorized person (including the name of the firm) and the mortgagee bank (if any) in respect of individual developments are also available to the public in the form of reports obtainable through the fax-on-demand facilities of the Hotline or the Lands Department Website.

Ends/ Thursday, October 7, 2004

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• Particulars of presale consent and consent to assign issued from 01/09/2004 to 30/09/2004(pdf format)
   
• Particulars of application for presale consent and consent to assign pending approval as at 30/09/2004(pdf format)
  

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